Posted March 8, 2010
Manufacturing technology consumption rises
January U.S. manufacturing technology consumption totaled $130.96 million, up 26.2% from a year ago.
According to AMTDA, the American Machine Tool Distributors’ Association, and AMT - The Association For Manufacturing Technology, the total was down 40.3% from December but up from $103.77 million reported for January 2009.
“Many customers placed orders in December to take advantage of tax relief measures, pulling orders out of January 2010,” said Peter Borden, AMTDA president. “The good news is that January 2010 orders are still 26% ahead of January 2009. Fortunately, there are measures moving through Congress that will expand these benefits, incentivizing manufacturers to invest in capital equipment in 2010.”
U.S. manufacturing technology consumption is also reported on a regional basis for five geographic breakdowns of the United States.
Northeast Region
January manufacturing technology consumption in the Northeast Region totaled $25.88 million, down 40.5% when compared with the $43.49 million total for December but up 31.4% when compared with January a year ago.
Southern Region
Totaling $28.51 million, Southern Region manufacturing technology consumption in January fell 3.6% below December’s $29.57 million but was 95.8% higher than the total for January 2009.
Midwest Region
With a total of $37.41 million, Midwest Region manufacturing technology consumption in January was 39.9% less than December’s $62.22 million but up 31.2% when compared with January a year ago.
Central Region
At $27.10 million, January manufacturing technology consumption in the Central Region was down 50.6% from December’s $54.81 million but up 6.0% when compared with January a year ago.
Western Region
Western Region manufacturing technology consumption in January fell 58.7% to $12.06 million when compared with December’s $29.22 million and was down 21.8% when compared with January 2009.
Click here for the full report.
